Apr 15, 2022 | Congressional Legislation, Federal Regulation, News
Brown Asks Fed and OCC to Review Bank Mergers Senator Sherrod Brown (D-Ohio), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, recently sent a letter to Federal Reserve Chair Jay Powell and Acting Comptroller of the Currency Michael Hsu,...
Apr 8, 2022 | Congressional Legislation, News
House Financial Services Committee Holds Hearing on Overdraft Fees Last week, the House Financial Services (HFSC) Subcommittee on Consumer Protection and Financial Institutions held a hybrid hearing entitled, “The End of Overdraft Fees? Examining the Movement to...
Apr 4, 2022 | Congressional Legislation, Financial Literacy, News
Credit Reporting Firms Announce Removal of Most Medical Debt from Credit Reports The largest credit reporting firms, Experian, Equifax, and TransUnion, recently announced they would erase billions of dollars of medical debt from consumers’ credit reports, which...
Apr 1, 2022 | Congressional Legislation, News
Democratic Senators Push Banks to Lower or Eliminate Overdraft Fees as House Financial Services Committee Holds Hearing on Them Last week, Senators Raphael Warnock (D-Ga.), chair of the Banking Subcommittee on Financial Institutions and Consumer Protection, and...
Jan 21, 2022 | Congressional Legislation, News
Banking Chairman Brown and Democratic Colleagues Push CFPB to Improve Lending for Women-owned, Minority-owned, and Small Businesses U.S. Senator Sherrod Brown (D-Ohio), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, and several of his...
Dec 27, 2021 | Congressional Legislation, Federal Regulation, News
Waters Presses Regulators to Impose Moratorium on Bank M&A Over $100 Billion Congresswoman Maxine Waters (D-Calif.), Chairwoman of the House Financial Services Committee, recently sent a letter to the Federal Reserve, Federal Deposit Insurance Corporation (FDIC),...